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Philippine Star
Philippine Star
Elijah Felice Rosales – The Philippine Star January 5, 2022 | 12:00am MANILA, Philippines — Real estate investment trusts (REITs) in the Philippines have raised nearly P75 billion in fresh capital since the government released new rules and regulations to fix the flaws in the regulatory framework for the financial instrument, according to the Department of Finance (DOF). Citing a report by the Securities and Exchange Commission (SEC) to Finance Secretary Carlos Dominguez, the DOF said the size of the REIT market in the country reached $3.46 billion, or nearly one percent of the economy, as of …